International Trader - Asia

Revved Up: China's Car Stocks

The shares have raced ahead of GM and Toyota in the last year, and more gains are expected.

Global auto stocks like General Motors (ticker: GM) and Toyota (7203.Japan) have enjoyed a great ride in the past year, with increases of 60% or more. Still, that hardly compares with the 100%-plus gains of some Chinese auto shares. So are the Chinese shares about to run out of gas? Not if their revenue growth remains on the current track.

"While stocks have run up quite a bit in recent months, there is still value to be...